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RUSSIA UPDATE….Dan Drezner continues to track the price Russia is paying for its invasion of South Ossetia and Abkhazia. It’s worth paying attention to. As Dan says, “no one should be under any illusion that the regime is about to collapse or anything,” but it hasn’t been a freebie for Putin either. The whole affair also demonstrates another truism about foreign policy: not everything in the world requires an immediate and direct “response.” It pleases guys like Bill Kristol and ratchets up the game of chicken, but sometimes playing a longer game can punish bad behavior a lot more safely and a lot more effectively.

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Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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